MARZETTI COMPANY/THE (MZTI) Technical Analysis
NASDAQ:MZTI • US5138471033
Current stock price
MZTI Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MZTI. MZTI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 100% of all other stocks performed better in the past year than MZTI.
- MZTI is one of the lesser performing stocks in the Food Products industry. 94% of 88 stocks in the same industry do better.
- In the last month MZTI has a been trading in the 150.16 - 170.84 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MZTI Weekly and Daily overview Charts
MZTI Setup Rating and Analysis
The technical rating of MZTI is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MZTI Support and Resistance Analysis
149.93
When analyzing the support we notice one important area.
- A support zone ranging from 151.44 to 151.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 160.47 to 163.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 166.98 to 174.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
MZTI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MZTI is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MZTI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MZTI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.53 | NEUTRAL | The RSI value for MZTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.45 | NEGATIVE | The MACD value suggests MZTI has a negative trend. |
| Stochastics (14,3) | 9.64 | OVERSOLD | The low Stochastics value suggests MZTI may be oversold. |
| Average True Range in percent/ATR (20) | 3.11 | MEDIUM VOLATILITY | The ATR as a percentage value for MZTI suggests some volalility. |
| Average Directional Index/ADX (14) | 14.74 | NEGATIVE | The low ADX value for MZTI suggests a weak or negative trend. |
MZTI Chart- and CandleStick Pattern Analysis
MZTI Technicals: Chart, Performance Metrics, Trend & Indicators
151.45
-0.5 (-0.33%)
MARZETTI COMPANY/THE / MZTI TA FAQ
What is the ChartMill technical rating of MARZETTI COMPANY/THE (MZTI) stock?
ChartMill assigns a technical rating of 0 / 10 to MZTI.
What is the current trend direction of MARZETTI COMPANY/THE (MZTI) stock?
The current trend direction for MARZETTI COMPANY/THE (MZTI) is Bearish.
What is the RSI signal for MARZETTI COMPANY/THE (MZTI) stock?
MARZETTI COMPANY/THE (MZTI) has an RSI value of 32.5275. This indicates that the stock is currently neutral.
What is the short term momentum for MZTI stock?
The short term momentum for MARZETTI COMPANY/THE (MZTI) is negative.
What are the support and resistance levels for MARZETTI COMPANY/THE (MZTI) stock?
MARZETTI COMPANY/THE (MZTI) has a support level at 151.44 and a resistance level at 160.47. Check the full technical report for our detailed analysis of MZTI support and resistance levels.